The crypto lending sector has surged by over 200% since early 2024 but is still below the peak of $37 billion seen in 2022. Notably, the decentralized finance (DeFi) lending market also set a record of $41 billion, up 54.8%.
With enhanced transparency, Tether leads the CeFi lending market with $14.6 billion in loans, followed by Nexo and Galaxy. The focus on stricter risk controls and full collateralization has emerged post-2022, reshaping the lending landscape.
Leave a Reply